Morgan Stanley Mortgage Securities Trust Class C (MSMTX)
| Fund Assets | 644.66M |
| Expense Ratio | 1.80% |
| Min. Investment | $1,000 |
| Turnover | 383.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 4.19% |
| Dividend Growth | 11.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 7.88 |
| YTD Return | 3.16% |
| 1-Year Return | 5.59% |
| 5-Year Return | 5.68% |
| 52-Week Low | 7.65 |
| 52-Week High | 7.94 |
| Beta (5Y) | n/a |
| Holdings | 688 |
| Inception Date | Apr 30, 2015 |
About MSMTX
Morgan Stanley Mortgage Securities Trust Class C is a mutual fund specializing in fixed income securities, with a primary focus on generating a high level of current income. The fund invests at least 80% of its assets in mortgage-related instruments such as pass-through securities, collateralized mortgage obligations, and commercial mortgage-backed securities, and may also include portions allocated to high-yield and asset-backed securities. By targeting the U.S. mortgage market, this fund plays a significant role in providing investors with exposure to mortgage credit and interest rate dynamics. Its investment strategy is structured to account for key risk factors including prepayment, interest rate changes, volatility, and spread variations, employing both quantitative and value-driven assessment methods. Morgan Stanley Mortgage Securities Trust Class C appeals to investors seeking regular income distributions, as it pays monthly dividends. The fund's structure and holdings help diversify fixed income portfolios, addressing the income needs of both individual and institutional investors in the broader bond market ecosystem. The management team applies expertise in mortgage-backed securities markets to respond to evolving market environments and interest rate outlooks.
Performance
MSMTX had a total return of 5.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.18%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FMGAX | Fidelity | Fidelity Advisor Mortgage Securities Fund - Class A | 0.80% |
| FMSCX | Fidelity | Fidelity Advisor Mortgage Securities Fund - Class I | 0.57% |
| FIKUX | Fidelity | Fidelity Advisor Mortgage Securities Fund - Class Z | 0.36% |
| FMSAX | Fidelity | Fidelity Advisor Mortgage Securities Fund - Class M | 0.80% |
| FMSFX | Fidelity | Fidelity Mortgage Securities Fund | 0.44% |
Top 10 Holdings
33.97% of assets| Name | Symbol | Weight |
|---|---|---|
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.5.5 5.11 | 8.53% |
| United States Treasury - U.S. Treasury Bills | B.0 05.22.25 | 4.05% |
| United States Treasury - U.S. Treasury Bills | B.0 10.30.25 | 3.98% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.6 5.11 | 3.30% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.4.5 5.11 | 3.11% |
| United States Treasury - U.S. Treasury Bills | B.0 05.15.25 | 2.76% |
| Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio | MVRXX | 2.43% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.3 5.11 | 2.12% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.5 5.11 | 2.07% |
| United States Treasury - U.S. Treasury Bills | B.0 07.03.25 | 1.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2025 | $0.02206 | Jun 26, 2025 |
| May 28, 2025 | $0.0276 | May 28, 2025 |
| Apr 28, 2025 | $0.03373 | Apr 28, 2025 |
| Mar 27, 2025 | $0.03044 | Mar 27, 2025 |
| Feb 26, 2025 | $0.02902 | Feb 26, 2025 |
| Jan 29, 2025 | $0.02915 | Jan 29, 2025 |